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Thursday, March 12, 2009

U.S. Retail & Food Services Sales Report for February 2009

The Commerce Department this morning released advanced estimates of U.S. Retail and Food Services Sales for February 2009:

Predicted: -0.5%
Actual: -0.1%

Minus Auto and Auto Parts Sales
Predicted: -0.2%
Actual : +0.7%


The above percentages represent the month-to-month change in total sales receipts for retailers that sell durable & non-durable goods, and retailers that provide food & beverage services.

  • Change from 12 months previous: -8.6%
The "predicted" figure is what economists and Wall Street forecasters were expecting, while the "actual" is the true or real figure.

Click here to view the full report.

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